Germany to raise bioethanol content in gasoline

According to Reuters, “the German cabinet on Wednesday approved a proposal to raise the maximum level of bioethanol allowed in blended gasoline to 10 percent from 5 percent now, the government said in a statement. The change will take place from January 2011, the statement said. Analysts said on Monday the increase would help boost [...]

Germany arrests 4 in CO2 probe, 50 more suspects

According to Reuters, “Frankfurt prosecutors said on Friday they had arrested four people in Germany and Britain in connection with suspected tax evasion in carbon permit trading and 50 more people were being investigated. He declined to name individuals, as is customary under German law. Deutsche Bank said seven of its employees were suspects in [...]

German tariff cuts to spark solar sector downturn

According to Reuters, “A potential deep cut in feed-in tariffs in Germany will hit solar companies around the world and increases pressure on large players to reduce exposure to the world’s largest photovoltaic market. Analysts say that lower prices could result in a shakeout in the industry that drives higher cost players out of business [...]

Solar Business – Ups and Downs

While green technology has taken off around the world, in several areas the concentration of an environmentally friendly ideal has truly sprouted wings. While the enlightened masses try their best to do their part to stave off global warming and reduce their carbon footprint, for some it is simply not enough. There is now a [...]

Germany wins Solar Decathlon

Green architecture has become a growing industry, changing the urban landscape in many different ways. Everything from roof-top gardens to buildings that utilize environmentally friendly building materials in construction and solar panels for electricity needs have become nearly common-place. The more adventurous of architects have taken pages out of the books of Wright and Gehry [...]

Siemens to acquire of Solel Solar Systems for about $418 million

According to the Press Release, “Siemens AG is to acquire the solar thermal power company Solel Solar Systems Ltd. To date, the majority stake has been held by Ecofin Ltd., a London-based investment firm, and another major shareholder. “After the rapid and highly successful expansion of our wind power business, we now want to continue [...]